Wilkins Investment Counsel Inc. Buys 5,809 Shares of The Walt Disney Company (NYSE:DIS)

Wilkins Investment Counsel Inc. boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 11.0% in the fourth quarter, HoldingsChannel reports. The firm owned 58,632 shares of the entertainment giant’s stock after purchasing an additional 5,809 shares during the quarter. Wilkins Investment Counsel Inc.’s holdings in Walt Disney were worth $6,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. FPC Investment Advisory Inc. bought a new position in Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc boosted its position in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares during the period. Midwest Capital Advisors LLC bought a new position in Walt Disney during the fourth quarter worth $34,000. Bay Harbor Wealth Management LLC bought a new stake in shares of Walt Disney in the fourth quarter valued at about $35,000. Finally, Vision Financial Markets LLC bought a new stake in shares of Walt Disney in the fourth quarter valued at about $39,000. 65.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on DIS shares. Macquarie reissued a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Citigroup reissued a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. Rosenblatt Securities reissued a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a research report on Monday, February 10th. Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and boosted their target price for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. Finally, Morgan Stanley boosted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Six analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Stock Up 1.0 %

Shares of NYSE DIS opened at $100.33 on Thursday. The company has a 50 day simple moving average of $108.45 and a 200 day simple moving average of $104.65. The firm has a market cap of $181.38 billion, a PE ratio of 32.68, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.